Gold Prices fell across Baghdad and Erbil markets on Sunday, with several gold varieties recording lower values than Saturday. Market prices placed 21-carat gold near 940,000 Iraqi dinars per mithqal in both cities. The latest figures came from market activity recorded across Baghdad and Erbil.
In Baghdad, traders on Al-Nahr Street listed 21-carat Gulf, Turkish and European gold at 938,000 IQD per mithqal. Buyers offered 934,000 IQD for the same gold during Sunday’s trading. On Saturday, sellers had offered the same category at approximately 945,000 IQD per mithqal.
The latest figures therefore showed a decline of 7,000 IQD compared with Saturday’s selling price. The reported mithqal represents five grams of gold under the market measurement used for these prices. Meanwhile, prices varied depending on the gold’s origin and purity.
Iraqi 21-carat gold also traded below the price recorded for Gulf, Turkish and European varieties. Sellers offered Iraqi gold at 908,000 IQD per mithqal in Baghdad markets. Buyers, meanwhile, offered 904,000 IQD for the same 21-carat Iraqi gold.
Jewelry stores reported somewhat different prices depending on the type of gold and individual shop. Gulf 21-carat gold sold between 940,000 and 950,000 IQD per mithqal at jewelry stores. Iraqi gold, meanwhile, traded between 910,000 and 920,000 IQD per mithqal.
These differences reflected the varying prices recorded between market trading and individual jewelry stores. In addition, gold origin influenced the selling price available to customers across Baghdad. Buyers therefore encountered different prices depending on the type and source of gold.
Erbil markets also recorded different prices according to gold purity. Twenty-two-carat gold reached 981,000 IQD per mithqal in the Kurdistan capital. At the same time, 21-carat gold sold for 937,000 IQD per mithqal in Erbil.
Eighteen-carat gold recorded a lower price in Erbil compared with the higher-purity varieties. Traders sold 18-carat gold for approximately 803,000 IQD per mithqal during Sunday’s market activity. The figures highlighted the price differences associated with different gold purity levels.
Gold Prices therefore varied between Baghdad and Erbil depending on purity, origin and market conditions. In Baghdad, 21-carat Gulf, Turkish and European gold remained close to 940,000 IQD. In Erbil, 22-carat gold reached a higher level of 981,000 IQD per mithqal.
The Baghdad market also showed a clear difference between Iraqi gold and imported varieties. Iraqi 21-carat gold sold at 908,000 IQD, while Gulf, Turkish and European gold reached 938,000 IQD. Jewelry shops recorded slightly higher ranges for both Gulf and Iraqi gold.
The latest market figures provided a snapshot of gold trading across two major Iraqi markets. Baghdad and Erbil each recorded separate prices based on purity and gold type. Consequently, customers faced different costs depending on the variety they chose.
The Sunday figures also showed a decline in Baghdad compared with the previous day’s prices. Gulf, Turkish and European 21-carat gold fell from 945,000 to 938,000 IQD per mithqal. The change represented a 7,000 IQD decrease in the quoted selling price.
Meanwhile, Iraqi gold continued to trade below the price of other 21-carat varieties. Jewelry stores also maintained different price ranges compared with the figures reported on Al-Nahr Street. These differences gave customers several price points when comparing gold purchases.
Gold Prices remained around the 940,000 IQD level for 21-carat gold in Baghdad and Erbil. However, purity and origin continued to create noticeable differences between individual gold categories. Market participants therefore continued tracking prices across different shops and trading locations.
Sunday’s figures showed that gold values remained closely watched across Iraq’s major urban markets. Baghdad recorded lower prices for several categories, while Erbil reported 981,000 IQD for 22-carat gold. The market data offered a current snapshot of gold prices in both cities.
